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Bullboard - Stock Discussion Forum Novadx Ventures Corp NDXFF

"NovaDx Ventures Corp is a mining company engaged in the exploration, development and recovery of coal. The company's operations are principally directed towards the Rex No."

GREY:NDXFF - Post Discussion

Novadx Ventures Corp > stock manipulation
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Post by _Highlander_ on Jan 26, 2012 5:01pm

stock manipulation

some one sells 500 shares at 28 in the last minute of the day, you can bet they will have a big order in the moringing trying to drive it futher down. ive seen this done now a dozen times to NDX
Comment by slowwhizz on Jan 26, 2012 8:38pm
Thanks for the response. No offense Highlander but as one looking to add to my position I welcome a takedown in price tomorrow so I hope you are right. I note you have been a little impatient, maybe even critical with Kin Communications lack of activity. Do you have any specific information you can share relative to them?  I have asked them for some information on NovaDX to see if they have ...more  
Comment by LaurinDE on Jan 27, 2012 8:26am
Indeed... they could be a big winner... but so far excecution was mediocre... and with respect to IR: Do good and talk about it! Laurin  
Comment by errussell on Jan 27, 2012 12:50pm
It appears that the only thing that is going to make this thing move is positve quarterly reports. With the company saying they will only be up dating quarterly then its going to be a long haul. You better be prepared to go long to make any big returns. As far as over taxed, I would say quite the contrary, mangement is likely feeling quite good with production in full swing at the one mine and ...more  
Comment by slowwhizz on Jan 27, 2012 1:25pm
ERR: "There is very little to worry about from this point on....just sitting back and waiting for the coal to sell and the cash to come in!!!!"   Thanks, sounds like a plan.
Comment by staolin on Jan 27, 2012 3:14pm
Indeed. The Rosa Mine has been producing for several months so the big issue was to incorporate the washplant into the process. It's not a huge obstacle from now forward to maintain the status quo. Here's hopes that they get onto phase 2 permitting ASAP so they can double up production numbers at that mine. But as with all companies in this funky market it's easy to be overlooked or ...more  
Comment by _Highlander_ on Jan 30, 2012 11:47am
I still have some issues with Kin, as i view them as a Yale town 20 something boiler room lite, but my contacts have informed me that they have been experiencing  delays in information, the same issues that Gale went through.  They were granted funding from Sandstorm a year ago to do three things, get Rosa operational, get the two mines at Rex operational, acquire new properties ( Ikerd  ...more  
Comment by errussell on Feb 01, 2012 1:30pm
When you see someone sell 2500 shares at 4 cents below the going rate......makes me wonder? Yes its only 100 bucks but still an unneeded loss......or is it manipulation....or is it simply a dump?   Who knows I guess but nice to see we rebounded into the 30cent range again.....slow and steady she goes...stay clear of any islands!!!!!   ERR
Comment by _Highlander_ on Feb 01, 2012 1:42pm
and now it went back up see, notice the manipulator put in a large order 20000 shares at 26 cents after they did there play to drop it.
Comment by errussell on Feb 01, 2012 2:40pm
The positive spin I like to put on it....at this low a volume at least someone is showing some interest....hope other take note so we can continue the climb.
Comment by staolin on Feb 02, 2012 9:43am
Like was mentioned before, plan for a slow climb. Might not see much action before quarterlies ready with solid numbers (the NR about full production stated that statements and updates would be released quarterly). Right now it's people picking up cheap shares from the infrequent seller. There's a pretty big gap between bid/ask. I'm not prescient, but from what I see this one just ...more